4. Keiser, Inc is determining whether to do a dividend or a repurchase. Use the table below to answer the following questions. Each question is worth 5 points each. a. What will the stock sell for tomorrow? b. What will the Balance Sheet look like tomorrow after the dividend is paid? c. What effect will the repurchase have on the equity of the company? d. How many shares will be outstanding after the repurchase? e. What will the price per share be after the repurchase? $120,000 Liabilities $476,600 Equity $596,600 Total L/E $100,000 $496,600 Cash Fixed Assets Total Asset $596,600 Dividend Declared $1.15 Ex-Dividend Date Tomorrow Shares Outstanding 19,000 Repurchase $21,850